5 B2B Payment Trends Defining 2021

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After a turbulent 2020, the defining themes for B2B payments in 2021 and onwards are shaping up to be:

  • The need to optimize accounting processes after the shift to remote work saw businesses hastily adopt electronic billing and payments
  • Providing more transparency for both buyers and suppliers on the status of receivables throughout the billing and payment process
  • Enhancing collaboration between buyers and suppliers to simplify processes

The following five trends represent the major developments for B2B payments finance and accounting professionals are experiencing in 2021, cementing the importance of digitizing accounting processes to support newly remote teams and changing buyer expectations.


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Versapay

Versapay is focused on transforming accounts receivable efficiencies and accelerating companies’ cash flow by connecting AR teams with their customers over the cloud. Through the Versapay Network we make billing and payments easy for buyers...READ MORE